AMAT vs. NXE

Last updated Aug 1, 2026

AMAT (Applied Materials, Inc.) and NXE (NexGen Energy Ltd.) are both stocks. AMAT operates in Semiconductor Equipment & Materials (Technology), while NXE operates in Uranium (Energy). Over the past 5 years, AMAT returned 30.49%/yr vs 16.63%/yr for NXE. Their 0.29 correlation means their historical movements had little consistent relationship.

Performance

AMAT vs. NXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Materials, Inc. (AMAT) and NexGen Energy Ltd. (NXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMAT achieves a 98.04% return, which is significantly higher than NXE's -0.54% return.

AMAT

• 1D: 1.18%
• 1M: -15.81%
• 6M: 57.90%
• YTD: 98.04%
• 1Y: 184.12%
• 3Y*: 50.50%
• 5Y*: 30.49%
• 10Y*: 36.10%
• ALL TIME*: 20.63%

NXE

• 1D: -1.82%
• 1M: -4.98%
• 6M: -27.21%
• YTD: -0.54%
• 1Y: 41.20%
• 3Y*: 23.48%
• 5Y*: 16.63%
• 10Y*: —
• ALL TIME*: 15.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMAT Applied Materials, Inc.	$4.02B	$4.81B	$5.25B
NXE NexGen Energy Ltd.	$47.87M	$44.12M	$61.33M

AMAT vs. NXE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMAT Applied Materials, Inc.	98.04%	59.60%	1.13%	67.97%	-37.54%	83.64%	43.29%	89.86%	-34.92%	14.13%
NXE NexGen Energy Ltd.	-0.54%	39.39%	-5.71%	58.01%	1.37%	58.33%	115.63%	-28.09%	-30.47%	3.64%

Correlation

The correlation between AMAT and NXE is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.33
Correlation (5Y) Shows whether the relationship held over a longer period.	0.37
Correlation (All Time) Calculated using the full available price history since May 17, 2017	0.29

Fundamentals

Market Cap AMAT : $403.07B NXE : $6.06B
EPS AMAT : $10.65 NXE : -CA$0.67
PB Ratio AMAT : 16.97 NXE : 4.98
Total Revenue (TTM) AMAT : $29.02B NXE : CA$0.00
Gross Profit (TTM) AMAT : $14.21B NXE : -CA$992.64K
EBITDA (TTM) AMAT : $9.92B NXE : -CA$247.46M

Return for Risk

AMAT vs. NXE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AMAT

AMAT Risk / Return Rank: 95
AMAT Sharpe Ratio Rank: 98
AMAT Sortino Ratio Rank: 93
AMAT Omega Ratio Rank: 94
AMAT Calmar Ratio Rank: 94
AMAT Martin Ratio Rank: 97

NXE

NXE Risk / Return Rank: 65
NXE Sharpe Ratio Rank: 67
NXE Sortino Ratio Rank: 65
NXE Omega Ratio Rank: 61
NXE Calmar Ratio Rank: 66
NXE Martin Ratio Rank: 67

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AMAT vs. NXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and NexGen Energy Ltd. (NXE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMAT	NXE	Difference
Sharpe ratio: Return per unit of total volatility	3.11	0.64	+2.47
Sortino ratio: Return per unit of downside risk	3.15	1.25	+1.90
Omega ratio: Gain probability vs. loss probability	1.43	1.14	+0.28
Calmar ratio: Return relative to maximum drawdown	4.67	0.98	+3.69
Martin ratio: Return relative to average drawdown	19.21	2.27	+16.94

AMAT vs. NXE - Sharpe Ratio Comparison

The current AMAT Sharpe Ratio is 3.11, which is higher than the NXE Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of AMAT and NXE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMAT vs. NXE - Drawdown Comparison

The maximum AMAT drawdown since its inception was -85.22%, which is greater than NXE's maximum drawdown of -80.60%. Use the drawdown chart below to compare losses from any high point for AMAT and NXE.

Drawdown Indicators

	AMAT	NXE	Difference
Max Drawdown Largest peak-to-trough decline	-85.22%	-80.60%	-4.62%
Max Drawdown (1Y) Largest decline over 1 year	-39.63%	-37.28%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	-49.88%	-54.28%	+4.40%
Max Drawdown (5Y) Largest decline over 5 years	-55.14%	-54.28%	-0.86%
Max Drawdown (10Y) Largest decline over 10 years	-55.14%	—	—
Current Drawdown Current decline from peak	-29.78%	-34.27%	+4.49%
Average Drawdown Average peak-to-trough decline	-38.71%	-26.69%	-12.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.62%	16.06%	-6.44%

Volatility

AMAT vs. NXE - Volatility Comparison

Applied Materials, Inc. (AMAT) has a higher volatility of 25.47% compared to NexGen Energy Ltd. (NXE) at 15.14%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than NXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMAT	NXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.47%	15.14%	+10.33%
Volatility (6M) Calculated over the trailing 6-month period	50.11%	39.08%	+11.03%
Volatility (1Y) Calculated over the trailing 1-year period	59.77%	56.75%	+3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.71%	58.07%	-11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.28%	61.32%	-17.04%

Dividends

AMAT vs. NXE - Dividend Comparison

AMAT's dividend yield for the trailing twelve months is around 0.38%, while NXE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMAT Applied Materials, Inc.	0.38%	0.69%	0.93%	0.75%	1.05%	0.60%	1.01%	1.36%	2.14%	0.78%	1.24%	2.14%
NXE NexGen Energy Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AMAT and NXE in my portfolio?

AMAT and NXE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMAT or NXE?

AMAT has higher volatility (25.47%) compared to NXE (15.14%). In terms of maximum drawdown, AMAT dropped -85.22% vs NXE's -80.60%.

Which has better risk-adjusted returns?

AMAT currently has the higher Sharpe Ratio (3.11 vs 0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.